Price ranges between 38k and 40k, and then breaks by the low, to reach 31-32k region around March, and then bounce towards higher highs.
Sideway overall, with bounce at 25k$ and then a break of this descending trend line since the all time high.
We're coming close to the top on DXY IMO. We may revisit the 2001 top and the upper band of the ascending channel. After that, I would expect a fall to retest major supports.
We finally got there, but we're still not out of the wood, so a stop loss under the support is recommended
Natural gas, top almost in, expecting retest of previous fib levels then.
Gold in uptrend but multiple lines converges to $1750. Will be a good entry if we can get there.
Expecting SPY to bounce from 3950 to 4250, and then fall to 3400
BTCUSD divided by M2 money supply is testing the same level as in summer 2021, and the 0.382 level of the Fib channel that started back in 2017. The same setup is visible on BTCUSD vs Gold.
Interesting convergence, but quite improbable for the time being, the latest resistance being quite sharp, and some support should be found at least in the green box.
S&P divided by money supply is at the same resistance level than 2007 financial crisis and pre-covid top. Also matching 0.618 fib retracement. + bearish downside channel on the RSI Potential trend reversal on S&P
Bitcoin dominance is approaching the 0.61 fib level, and then the ascending support. At which point will it reverse?
This is Bitcoin against DTX (but the same can be seen with SPY). We broke the level 1 of the fib channel from the previous top of the 2017 bull run, and we're now over the top we had for MACD and RSI. BTC may reach next fib level 1.272 as momentum is still strong, will it pull back then?
I draw this red channel a while ago, and BTC perfectly bounced from its support. Remaining bullish, and now is great entry price, as long as we don't break the support.